Auto supply chain to remain tight

Car executives battling lower production due to lack of semiconductors

MUNICH:

BMW expects supply chains to remain tight well into 2022, Chief Executive Oliver Zipse said on Monday, squashing hopes that a painful shortage of crucial semiconductors will end soon.

“I expect that the general tightness of the supply chains will continue in the next 6 to 12 months,” he said at the IAA Munich car show.

Zipse, who like other car executives is battling lower production due to a lack of semiconductors, said he saw no issues in the long term, adding that the automotive industry was an attractive client for chipmakers. 

Published in The Express Tribune, September 7^th, 2021.

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